# In an op-ed, Prof. Edward Altman argues that the fate of the euro hinges on Italy

1 Faculty News June 29, 2012 ![Forbes logo](/sites/default/files/styles/246w/public/assets/images/con_030508.jpg?itok=SId6k3bx)>

Excerpt from [Forbes](http://www.forbes.com/sites/beltway/2012/06/29/the-fate-of-the-euro-hinges-on-italy-italys-looking-iffy/) -- "Our updated bottom-up results through the end of 2011 are startling and highly indicative of the profound deterioration of all European nations in just one year, with Italy and France 'leading the way' down."

[Read more](http://www.forbes.com/sites/beltway/2012/06/29/the-fate-of-the-euro-hinges-on-italy-italys-looking-iffy/)